A spokesman for the 2012 bid said internal discussions were still going on, but that an announcement was expected within days.
Although on a smaller scale, the 2012 bid finance chief will look to emulate David Leather, who was FD and deputy chief executive of last year’s highly successful and profitable Manchester Commonwealth Games.
Whoever is named will be in charge of around £13m in bid finances, although this would be dwarfed by the actual cost of running the games in the capital city, if the bid were to succeed. In May, culture secretary Tessa Jowell estimating the total cost of hosting the games in London at a staggering £2.4bn.
The executive management team for the 2012 bid is finally taking shape with American import Cassani, the former chief executive of BA’s low cost airline Go, heading up the team.
Last month, founder of the Nectar and Air Miles reward schemes Keith Mills was appointed as chief executive.
London is up against New York, Paris, Madrid, Rio de Janiero, Moscow, Liepzig, Istanbul and Havana for the right to host the games. A further shortlist of cities will be announced in May next year, with the winning city named on 6 July 2005.
Mark McMullen joins the private client services team from Smith & Williamson
Merger between Clear & Lane Chartered Accountants and Magma Chartered Accountants was finalised on 3 February
BDO has taken its new partner intake to 23 during the first half of its financial year, including the appointment of five partners in five weeks
The firm reports 7.6% global fee income growth for the year ending 31 December 2016